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| Obama diary: The first 100 days | Obama diary: The first 100 days |
| (about 16 hours later) | |
| Barack Obama was elected on a message of change. Now he is in office, change is expected both in foreign and domestic policy. Here the BBC's team in Washington tracks developments in the first 100 days of the Obama presidency. | Barack Obama was elected on a message of change. Now he is in office, change is expected both in foreign and domestic policy. Here the BBC's team in Washington tracks developments in the first 100 days of the Obama presidency. |
| WEDNESDAY 25 MARCH - DAY 65 | |
| 1111 EST No more GWOT? | |
| Jon Donnison: In a city where the list of acronyms is endless, it seems the GWOT (or Global War on Terror) is out... and the OCO (or Overseas Contingency Operation) is in. | |
| According to a leaked Pentagon memo, OCO is the new less-than-catchy term that the administration should use to characterise America's fight against extremism around the world. A Pentagon official denies there is any specific change in policy, but many political observers here say GWOT has already all but disappeared from the Obama team's lexicon. | |
| Last month, the human rights group the International Commission of Jurists urged the new government to stop using the phrase "Global War on Terror", saying it gave "spurious justification to a range of human rights violations". | |
| The less-explicit OCO is unlikely to prove quite as controversial - or indeed memorable... | |
| TUESDAY 24 MARCH - DAY 64 | TUESDAY 24 MARCH - DAY 64 |
| 1640 EST Nationalisation still on the table? | 1640 EST Nationalisation still on the table? |
| Max Deveson: The news that the administration may ask Congress for new powers to take over ailing non-bank financial firms (like AIG) prompts Mother Jones magazine's Kevin Drum to make an observation . | Max Deveson: The news that the administration may ask Congress for new powers to take over ailing non-bank financial firms (like AIG) prompts Mother Jones magazine's Kevin Drum to make an observation . |
| If, three months ago, the White House had set out to make the nationalisation of big banks politically and legally possible, its actions would have looked very similar to what it has, in actual fact, been doing... | If, three months ago, the White House had set out to make the nationalisation of big banks politically and legally possible, its actions would have looked very similar to what it has, in actual fact, been doing... |
| 1502 EST Press conference thoughts | 1502 EST Press conference thoughts |
| In his blog, the BBC's North America Editor Justin Webb looks ahead to President Obama's prime time news conference this evening, and gives his readers a sneak preview of the question that he will ask if called. | In his blog, the BBC's North America Editor Justin Webb looks ahead to President Obama's prime time news conference this evening, and gives his readers a sneak preview of the question that he will ask if called. |
| MONDAY 23 MARCH - DAY 63 | MONDAY 23 MARCH - DAY 63 |
| 1226 EST Assets plan unveiled | 1226 EST Assets plan unveiled |
| James Coomarasamy: Treasury Secretary Timothy Geithner has unveiled his plan to help resolve America's banking crisis. | James Coomarasamy: Treasury Secretary Timothy Geithner has unveiled his plan to help resolve America's banking crisis. |
| Under the plan, the US Treasury would contribute up to $100bn of public money already assigned to bailing out the banks in order to buy out the toxic assets which are now on their books and which are still dissuading them from lending. | Under the plan, the US Treasury would contribute up to $100bn of public money already assigned to bailing out the banks in order to buy out the toxic assets which are now on their books and which are still dissuading them from lending. |
| That money would be supplemented in part by the private sector, which would also be involved in valuing those assets. | That money would be supplemented in part by the private sector, which would also be involved in valuing those assets. |
| Announcing the public-private investment program, the increasingly embattled Mr Geithner said the plan would involve private investors sharing the risks and the profits with the taxpayer. | Announcing the public-private investment program, the increasingly embattled Mr Geithner said the plan would involve private investors sharing the risks and the profits with the taxpayer. |
| Obama diary: Days 1-10 Obama diary: Days 11-20 Obama diary: Days 21-30 Obama diary: Days 31-40 Obama diary: Days 41-50 Obama diary: Days 51-60 Obama diary: Contributors | Obama diary: Days 1-10 Obama diary: Days 11-20 Obama diary: Days 21-30 Obama diary: Days 31-40 Obama diary: Days 41-50 Obama diary: Days 51-60 Obama diary: Contributors |